As of January 1, 2020, in Florida, in order to qualify for Medicaid benefits, the applicant’s gross income must be less than $2,349.00 per month. In general, if the Medicaid applicant’s monthly [...]
According to the IRS, stimulus payment made to someone who died before receiving it should be returned to the government. If the payment was made to a single filer, the entire payment should be [...]
There have been a number of glitches in sending stimulus payments to Americans under the recently enacted CARES Act, including sending stimulus payments, which are intended to ease the financial [...]
The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act provides for a direct payment of up to $1,200.00 to most taxpayers. As the IRS begins to send out these payments, [...]
A disabled adult child, or “DAC,” is an individual 18 years or older with a disability that began before they reached age 22. Such an individual is considered a disabled adult child because the [...]
For many seniors, retirement is a time of relaxation and having opportunities to explore their interests and the world. But before making the transition into retirement, there are some questions [...]
A first-party supplemental needs trust is created to allow disabled persons to receive the benefit of their funds in a trust while still qualifying for and receiving government benefits. An [...]
The U.S. Supreme Court rulings in the 2013 Windsor v. U.S. and the 2015 Obergefell v. Hodges cases resulted in changes for same-sex couples in areas such as estate planning and tax filing. It is [...]
There are three different levels of VA pensions. Basic Pension/Improved Income applies to healthy veterans with lower incomes who are over the age of 65. Aid and Attendance is a program for [...]
It is imperative that veterans take time to choose which government program best suits their needs. According to Paying for Senior Care, these are the 2016 costs for both programs. Program [...]